Financial Accounts of the United States - Z.1
L.212 Municipal Securities
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2015 | 2016 | 2017 | 2018 | 2018 Q1 | 2018 Q2 | 2018 Q3 | 2018 Q4 | 2019 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Domestic nonfinancial sectors; municipal securities; liability | FL383162005 | 3819.2 | 3864.2 | 3877.6 | 3817.8 | 3857.2 | 3858.7 | 3829.6 | 3817.8 | 3815.8 | 1 |
| State and local governments, excluding employee retirement funds; municipal securities; liability | FL213162005 | 3063.0 | 3094.6 | 3092.6 | 3039.1 | 3073.0 | 3072.4 | 3052.1 | 3039.1 | 3035.2 | 2 |
| State and local governments, excluding employee retirement funds; short-term municipal securities; liability (1) | FL213162400 | 33.0 | 30.2 | 35.0 | 38.1 | 36.1 | 31.6 | 37.3 | 38.1 | 39.0 | 3 |
| State and local governments, excluding employee retirement funds; long-term municipal securities; liability | FL213162200 | 3030.0 | 3064.4 | 3057.5 | 3001.0 | 3036.9 | 3040.7 | 3014.8 | 3001.0 | 2996.3 | 4 |
| Nonprofit organizations; municipal securities; liability (2) | FL163162003 | 219.6 | 216.4 | 218.2 | 216.1 | 220.0 | 219.7 | 216.6 | 216.1 | 215.2 | 5 |
| Nonfinancial corporate business; municipal securities; liability | FL103162000 | 536.7 | 553.1 | 566.9 | 562.6 | 564.1 | 566.7 | 560.8 | 562.6 | 565.4 | 6 |
| All sectors; municipal securities; asset | FL893062005 | 4036.4 | 4011.1 | 4101.9 | 3954.8 | 4013.0 | 4019.8 | 3954.8 | 3954.8 | 4024.9 | 7 |
| Households and nonprofit organizations; municipal securities; asset | LM153062005 | 1885.0 | 1861.4 | 1869.6 | 1842.4 | 1808.8 | 1847.0 | 1818.7 | 1842.4 | 1874.9 | 8 |
| Nonfinancial corporate business; municipal securities; asset | FL103062003 | 22.3 | 19.3 | 17.2 | 14.6 | 15.5 | 15.6 | 12.8 | 14.6 | 14.8 | 9 |
| Nonfinancial noncorporate business; municipal securities; asset | FL113062003 | 4.3 | 5.1 | 5.5 | 6.0 | 5.6 | 5.7 | 5.8 | 6.0 | 6.1 | 10 |
| State and local governments, excluding employee retirement funds; municipal securities; asset | FL213062003 | 15.0 | 15.1 | 14.9 | 13.9 | 14.5 | 14.7 | 14.8 | 13.9 | 13.7 | 11 |
| U.S.-chartered depository institutions; municipal securities; asset | LM763062000 | 507.7 | 544.9 | 572.6 | 498.8 | 555.7 | 519.1 | 502.2 | 498.8 | 491.1 | 12 |
| Foreign banking offices in the U.S.; municipal securities; asset | LM753062003 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 13 |
| Banks in U.S.-affiliated areas; municipal securities; asset | LM743062003 | 2.1 | 1.7 | 1.3 | 1.2 | 1.3 | 1.3 | 1.2 | 1.2 | 1.2 | 14 |
| Credit unions; municipal securities; asset | LM473062005 | 4.4 | 5.1 | 5.1 | 5.0 | 4.8 | 4.9 | 4.4 | 5.0 | 5.2 | 15 |
| Property-casualty insurance companies; municipal securities, including those held by U.S. residual market reinsurers; asset | LM513062005 | 357.5 | 350.7 | 338.9 | 293.8 | 333.1 | 327.2 | 316.0 | 293.8 | 299.1 | 16 |
| Life insurance companies; municipal securities; asset | LM543062005 | 177.3 | 185.2 | 197.8 | 190.4 | 198.3 | 196.5 | 194.4 | 190.4 | 194.1 | 17 |
| Federal government retirement funds; municipal securities held by National Railroad Retirement Investment Trust; asset | LM343062033 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 18 |
| State and local government employee defined benefit retirement funds; municipal securities; asset | LM223062043 | 2.5 | 2.6 | 3.8 | 3.0 | 2.8 | 2.6 | 2.6 | 3.0 | 2.9 | 19 |
| Money market funds; municipal securities; asset | FL633062000 | 236.0 | 154.3 | 134.4 | 142.8 | 131.8 | 135.7 | 131.0 | 142.8 | 135.0 | 20 |
| Mutual funds; municipal securities; asset (market value) | LM653062003 | 603.7 | 632.2 | 688.1 | 693.6 | 690.4 | 698.7 | 701.9 | 693.6 | 738.6 | 21 |
| Closed-end funds; municipal securities; asset | LM553062003 | 90.4 | 87.7 | 89.8 | 87.0 | 88.1 | 89.4 | 87.7 | 87.0 | 89.0 | 22 |
| Exchange-traded funds; municipal securities; asset | LM563062003 | 19.1 | 24.7 | 30.4 | 36.5 | 30.7 | 32.8 | 33.0 | 36.5 | 38.4 | 23 |
| Government-sponsored enterprises; municipal securities and Sallie Mae public academic facilities financing and Sallie Mae public warehousing advances; asset | FL403062005 | 8.2 | 5.8 | 4.6 | 3.9 | 4.4 | 4.4 | 4.0 | 3.9 | 3.6 | 24 |
| Security brokers and dealers; municipal securities; asset | FL663062003 | 14.0 | 21.0 | 26.7 | 20.7 | 25.8 | 23.2 | 22.1 | 20.7 | 16.4 | 25 |
| Rest of the world; municipal securities; asset | FL263062003 | 87.0 | 94.2 | 101.3 | 101.0 | 101.4 | 101.1 | 102.1 | 101.0 | 100.6 | 26 |
| Instrument discrepancies; municipal securities (level) (3) | LM903062003 | -217.2 | -146.9 | -224.3 | -137.0 | -155.9 | -161.1 | -125.3 | -137.0 | -209.1 | 27 |
NOTES
- Debt with original maturity of 13 months or less.
- Liability of the households and nonprofit organizations sector (tables L.101 and B.101).
- The accumulated valuation difference between issuance and holdings.
Last Update: June 6, 2019